Mixed-Use Condo with Three
For Sale
$1,240,000
1675 Cumberland Parkway SE, Smyrna, GA 30080
SINGLE_FAMILY - Smyrna, GA
Property Size2,753 SF
Lot Size0.03 Acres
Price / SF$450.42
Days on Market294
Property Features for 1675 Cumberland Parkway SE
General Information
Property type
Residential
Property subtype
Office
Zoning
UVC
Parking
100
Parking features
Parking Lot, On Street
Window features
Insulated Windows, Display Window(s)
Interior features
Beamed Ceilings, High Ceilings 10 or Greater, Reception Area, Recessed Lighting, Restrooms
Accessibility
Accessible Approach with Ramp
Lot features
Level, Shopping Center
Directions
Ivy Walk is located 1 Mile North of I-285 at the intersection of South Atlanta Road and Cumberland Parkway. GPS friendly.
Standard status
Active
APN
17074702300
Size
2,753 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5122
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Zoned, Central
Cooling system
Electric, Zoned, Central Air, Ceiling Fan(s)
Water source
Public
Amenities
High-end, open studio layout
Three exterior entrances
Prominent exterior signage opportunities
Building Details
Year built
2004
Floors in Building
1
Flooring type
Vinyl, Tile - Ceramic
Building materials
Brick Front, Concrete
Listing Agency:
HomeSmart · HomeSmart International
(404) 876-4901
Listed By:
Lila Basco
(404) 876-4901
Added: Oct 12, 2025
Changed: Aug 1
Last Checked: Aug 1 at 8:06PM
MLS# 7664600
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use condo offering includes Units 202 and 203 and totals approximately 2,753 SF. The space is zoned for retail use (UVC) and features a flexible, open-concept studio layout with reception area, restrooms, and high ceilings. The layout is described as adaptable for demising into up to three suites, which can support multi-tenant operation or phased owner occupancy. Three exterior entrances are a key feature, supporting flexible access and potential tenant separation, along with prominent exterior signage opportunities.
The property is currently tenant-occupied, and the sale is subject to the existing lease. It has been used by a long-term studio tenant (yoga; formerly dance), highlighting the space’s usability for studio-style and professional service needs. Parking is described as a combination of parking lot and on-street spaces, and the property includes an accessible approach with a ramp.
Constructed in 2004, the building materials are listed as brick front with concrete, with interior finishes including vinyl and ceramic tile flooring. Utilities include cable available, and services are provided via public water and public sewer.
The property is currently tenant-occupied, and the sale is subject to the existing lease. It has been used by a long-term studio tenant (yoga; formerly dance), highlighting the space’s usability for studio-style and professional service needs. Parking is described as a combination of parking lot and on-street spaces, and the property includes an accessible approach with a ramp.
Constructed in 2004, the building materials are listed as brick front with concrete, with interior finishes including vinyl and ceramic tile flooring. Utilities include cable available, and services are provided via public water and public sewer.
Key Highlights
- Units 202 and 203 in an Ivy Walk mixed‑use village
- Approximately 2,753 SF mixed‑use condo zoned UVC for retail use
- Flexible open‑concept studio layout that can be demised into up to three suites
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.5k | $21.96 |
| − Vacancy | −$5.1k | −$1.87 |
| EGI | $55.3k | $20.09 |
| − OpEx | −$16.6k | −$6.03 |
| NOI | $38.7k | $14.07 |
2,753 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$553.2K
$484.0K – $645.4K
NOI $38,722 @ 7.0% cap · market cap 3.12%
Second Best
Office B
$526.7K
$460.8K – $614.4K
NOI $36,866 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$773.0K
$676.4K – $901.9K
NOI $54,113 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
Explore this area
Business Placement
Demographics for 30080, GA
52,125
Population
27,081
Households
1.9
Avg Household Size
35
Median Age
58%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
4,137
Density / Sq Mi
$87,949
Median Household Income
$59,267
Median Earnings
$1,660
Median Rent
$409,700
Median Home Value
Market
Properties on Market for Mixed-use properties in Cobb County
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail-zoned mixed-use condo offering flexible studio layout and three exterior entrances, with sale subject to an existing lease.
Where is this mixed-use property located?
The property is located at 1675 Cumberland Parkway SE Smyrna, GA.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: Units 202 and 203 in an Ivy Walk mixed‑use village; Approximately 2,753 SF mixed‑use condo zoned UVC for retail use; Flexible open‑concept studio layout that can be demised into up to three suites
